NOT LISTED FOR SALE

1848 Observation Way Unit 4 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $720,000 - $765,000

3 Beds
4 Baths
1,475 Sq Ft
$347/mo HOA Fee

Last Sold October 26, 2021

Last sale price $644,000 $437 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,217/month

6 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Living Room
  • Wolf Canyon Elementary School Rated A-
  • Walk-In Closet
  • Laundry Room

About This Home

As of October 2021

Everything you want in this exquisite contemporary design luxury tri-level home located in the highly desired urban village Millenia community. Built in 2019 it is upgraded throughout and practically new. This inspired corner unit, with one neighbor sits high above the resort-like pool & spa. Stunning and spacious kitchen with upgraded white shaker cabinets quartz countertops, stainless steel appliances and gourmet island. Off the kitchen is the open concept living room & dining room with high ceilings and an abundance of windows with natural light from 3 sides of the home and elegant luxury plank flooring that flow up the staircase. Luxurious bathrooms, quiet whole house fan, tankless water heater, full sized laundry & attached 2 car garage. Additionally this home has an extra 1/2 bath located on the entry level unlike other models. Serene large covered patio that serves as outdoor living space. This home is equipped with smart home connectivity with Eero Wifi routers, Ring doorbell, Honeywell Pro Smart thermostat, Kevo Electronic Lock , Washer & Dryer , all controllable from your smartphone. Amenities includes the pool, spa, BBQ's, fire pits, playground & dog park. High ranking schools and blocks to the Otay Ranch Town Center Welcome home to San Diego's urban living lifestyle Millenia. With Millenias various districts you will enjoy multiple parks throughout with endless walking trails to meander through. Within blocks you'll find an abundance of shopping, restaurants, AMC movie theaters and more. The resort-like pool & spa with plenty of space to lounge. The community is an amazing place to call home so make your appointment today before it's too late.

Last Agent to Sell the Property

Julie Sos

Coldwell Banker West License #01212676 Listed on: 09/10/2021

Coldwell Banker West

Last Buyer's Agent

Scott Booth

Compass License #01397371

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,393

Year Built

  • Built in 2019

Lot Details

  • 10

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,475 Sq Ft Home
  • 3-Story Property
  • Whole House Fan
  • Formal Entry
  • Living Room

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Gas Dryer Hookup

Additional Features

  • Partially Fenced Property
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 643-063-08-05
  • $3,060 annual special tax assessment

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, termite
  • 4 Units
  • First Service Residential Association, Phone Number (800) 527-3914

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,393

Year Built

Built in 2019

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Eastlake Parkway
  • Neighborhood: Millenia
  • Supplement: Welcome home to San Diego's urban living lifestyle Millenia. With Millenias various districts you will enjoy multiple parks throughout with endless walking trails to meander through. Within blocks you'll find an abundance of shopping, restaurants, AMC movie theaters and more. The resort-like pool & spa with plenty of space to lounge. The community is an amazing place to call home so make your appointment today before it's too late.
  • LP / Sq Ft: 428.47
  • Price Per Sq Ft: 436.61
  • SP/ Sq Ft: 436.61
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 2019
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Range/Oven, Gas Cooking
  • Searchable Rooms: Formal Entry, Living Room, Master Bedroom, All Bedrooms Up, Laundry, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1475
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Community/Common
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air, Whole House Fan
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Condo/Co-op/Association

  • Total Fees: 4164.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 4
  • Total Number of Units: 176
  • Community: CHULA VISTA
  • Home Owner Association: First Service Residential
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Termite
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 347.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-527-3914

Fee Information

  • CFD Mello Roos Fee: 3060.0
  • CFD Mello Roos Fee Reflects: Year
  • Total Monthly Fees: 602
  • CFD Mello Roos Fee Frequency: Annual

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 643-063-08-05

Multi Family

  • Percentage Owner Occupancy: 80.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Sep 17, 2021
Sold by
Caschetta Jillian E and Caschetta Todd D
Bought by
Salazar Nicholas Alexander
Seller's Agent
Julie Sos
Coldwell Banker West
Buyer's Agent
Scott Booth
Compass
List Price
$632,000
Sold Price
$644,000
Premium/Discount to List
$12,000
1.9%
Current Estimated Value
$740,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,015
Avg. Annual Appreciation
3.82%
Original Mortgage
$644,000
Outstanding Balance
$593,603
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$146,709

Purchase Details

Closed on
Mar 5, 2020
Sold by
Shea Homes Limited Partnership
Bought by
Caschetta Jillian E and Caschetta Todd D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,580
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salazar Nicholas Alexander $644,000 California Title Company
Caschetta Jillian E $464,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Nicholas Alexander $644,000
Previous Owner Caschetta Jillian E $278,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $644,000 +1.9% $437 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $632,000 +36.1% $428 / Sq Ft
06/15/2020 06/15/20 Sold $464,300 +5.3% $315 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $441,000 -- $299 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,393 $670,016 $259,752 $410,264
2023 $9,287 $656,879 $254,659 $402,220
2022 $9,041 $644,000 $249,666 $394,334
2021 $8,712 $469,109 $181,864 $287,245
2020 $4,064 $63,653 $63,653 $0
2019 $3,980 $62,405 $62,405 $0
2018 $3,891 $61,182 $61,182 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Sos

    Seller's Agent in 2021

    Julie Sos

    Coldwell Banker West

    (619) 277-0791

    1 in this area

    40 Total Sales

    Julie Sos
    Section Image
  • Scott Booth

    Buyer's Agent in 2021

    Scott Booth

    Compass

    (858) 775-0280

    1 in this area

    101 Total Sales

    Scott Booth
    Section Image
  • Lisa Sanshey-Beaudin

    Seller's Agent in 2020

    Lisa Sanshey-Beaudin

    Shea Advantage

    (619) 572-1060

    22 in this area

    93 Total Sales

    Lisa Sanshey-Beaudin
    Section Image

  • C

    Buyer's Agent in 2020

    CRMLS FILL Agent

    CRMLS

    4 in this area

    167 Total Sales

    CRMLS FILL Agent
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210025816

San Diego MLS

APN: 643-063-08-05

California San Diego County Chula Vista 91915 Otay Ranch

1848 Observation Way Unit 4, Chula Vista, CA

This home is located at 1848 Observation Way Unit 4, Chula Vista, CA 91915 since 10 September 2021 and is currently estimated at $740,015, approximately $501 per square foot. This property was built in 2019. 1848 Observation Way Unit 4 is a home located in San Diego County with nearby schools including Wolf Canyon Elementary School, Eastlake Middle School, and Olympian High School.

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